new video loaded: Federal Reserve Extends Pause on Rate Cuts transcript Back transcript Federal Reserve Extends Pause on Rate Cuts The Trump administration’s tariffs most likely mean “further progress may be delayed” on getting inflation back to the Federal Reserve’s 2 percent target, the central bank’s chair said. Labor market conditions are solid and inflation … Read more
The Federal Reserve left interest rates unchanged on Wednesday for a second straight meeting. The March meeting was the central bank’s most direct acknowledgment to date that President Trump’s policies are set to have a real impact on the economy, stoking significant uncertainty about where inflation, growth and — ultimately — interest rates are headed. … Read more
K.W. Lee, a pioneering Asian American journalist whose reporting led to the release of a Korean immigrant on death row in California, and who covered the Koreatown community targeted in the Los Angeles riots of 1992, died on March 8 at his home in Sacramento. He was 96. His death was confirmed by his daughters, … Read more
The protests against President Aleksandar Vucic of Serbia had been growing in intensity and size when an unusual guest showed up in its capital this month to meet with the embattled European leader: Donald Trump Jr., the oldest son of President Trump. The quick visit by Mr. Trump, which included a meeting with Mr. Vucic … Read more
The Federal Reserve is expected to keep its key rate steady on Wednesday, after a series of cuts that lowered rates by a full percentage point last year. That means consumers looking to borrow are likely to have to wait a bit longer for better deals on many loans, but savers will benefit from steadier … Read more
European Union regulators on Wednesday ramped up their efforts to force Apple and Google to change key parts of their businesses, despite potential pushback from the Trump administration over the regulation of American tech companies. The European Commission, the executive branch of the 27-nation bloc, said Apple and Google had violated a law passed in … Read more
President Trump has said that tariffs will bring a flood of revenue for the United States. But corporate executives are having trouble navigating the volume of tariff pronouncements and the president’s on-again, off-again approach to trade policy. Many are turning to the same metaphor: The situation, they say, is “fluid.” “The tariffs are very fluid … Read more
Federal Reserve officials are scheduled to release their first set of economic projections this year, alongside their interest rate decision, on Wednesday. Those forecasts will offer a fresh glimpse of the trajectory for monetary policy at a highly uncertain moment for the central bank. Policymakers paused interest rate cuts in January after reducing borrowing costs … Read more
President Trump has never been shy about criticizing the Federal Reserve, frequently seeking to pressure the nation’s central bank into reducing interest rates more swiftly. “Interest Rates should be lowered, something which would go hand in hand with upcoming Tariffs!!!,” Mr. Trump posted on Truth Social last month, adding: “Lets Rock and Roll, America!!!” But … Read more
The Trump administration quietly rescinded an order on Monday that had blocked a major Dominican sugar producer with political ties to President Trump from shipping sugar to the United States because of allegations of forced labor at the company. U.S. Customs and Border Protection modified a “withhold release order” that had been issued in 2022 … Read more